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Alset AI's Lyken.AI Announces Non-Binding Memorandum of Understanding with Clairvoyant Holdings Inc.

By The Northwire Desk — AI Analysis Jan 29, 2026 · 07:30 GPUS · 0.075 Alset AI Ventures Inc.
GPUS · Price

Executive Summary

  • Alset AI Ventures Inc.’s wholly‑owned subsidiary Lyken.AI entered into a non‑binding Memorandum of Understanding with Clairvoyant Holdings Inc. to explore an AI‑enabled infrastructure and engineering services collaboration.
  • The parties outlined a prospective aggregate consideration of approximately C$1.5 million, payable by CHI to Lyken over ~24 months, with 65% retained by Lyken and 35% allocated to Silver Birch Growth Inc. for ecosystem/commercialisation support.
  • No definitive agreements are in place; the transaction is subject to board approvals, regulatory clearance, and may not be executed before June 1 2026.

Key Details

  • MOU Date: January 28 2026 (non‑binding).
  • Proposed Services: Cloud infrastructure provisioning, data ingestion/orchestration, AI model development & deployment, workflow automation, software/API development, systems integration, engineering, maintenance and optimisation for CHI’s clinical and wellness platforms.
  • Ecosystem Partner: Silver Birch Growth Inc. to provide customer introductions, channel/sales advisory, cross‑referrals, and network expansion.
  • Proposed Consideration: ~C$1.5 million payable in phased installments over 24 months after service commencement.
  • Revenue Split: 65% of payments retained by Lyken for technology/engineering services; 35% allocated to SBG for ecosystem/commercialisation services.
  • Potential Additional Terms: Future revenue‑sharing or performance‑based economics may be negotiated in separate definitive agreements.
  • Execution Timeline: Parties anticipate that any definitive agreement would not take effect prior to June 1 2026.
  • Related Party Disclosure: Beneficial owner of CHI is an insider of Alset AI, making the transaction a related‑party matter under TSXV securities laws.
  • Regulatory Conditions: Definitive agreements will require board approvals and may need TSXV/ regulator consent.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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